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June 07, 2011 12:00 AM

NR prices creep upwards in Tokyo

ERJ Staff
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    ERJ staff report (DS)

    Tokyo -- Prices on Tokyo's rubber exchanges moved upward overnight.

    On Tokyo's Tocom Exchange, prices for the six-month contract rose by about yen 2, closing at yen 393 ($4.90) per kg on Tuesday 7 June. Shorter-dated prices remained unchanged, trading at around yen 415.

    In Singapore, SGX said short-dated RSS3 were trading unchanged from Monday at around $5.21 on thin trading with longer-dated contracts higher, priced between $5.09 and $5.09. Short-dated TSR 20 was trading up by about $0.02 at $4.70.

    In India, the NMCE saw June deliveries unchanged at around Rs227 ($5.08) per kilo

    In China, the Shanghai Futures Exchange also saw prices unchanged, with June deliveries trading at around Yuan 35.6 ($5.49) per kilo


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    Rubber prices on Tocom (Tokyo)

    Rubber prices on SGX (Singapore) (Previous Sicom contracts)

    Rubber prices on NMCE (India)

    Rubber prices on SFE (Shanghai)

    IRCo Weekly market watch (30 May - 3 June 2011) from IRCo

    ---

    Spot rubber improves on supply worries The Hindu Business Line (India)

    Headline Business Recorder (Pakistan / Tokyo)

    Oil, Wall Street bleak outlook spooks TOCOM rubber Commodity Online (Japan)

    Rubber set to extend rally Business Times (Malaysia)

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